The US and Chinese stock markets are closed today, while trading in the gold, silver, and oil markets has ended early.

June 19. On-chain analyst Murphy reported that Bitcoin’s (BTC) Long-Term Holder (LTH) net position has hit a new all-time high. As of June 17, LTH net position stood at 14.96 million BTC, beating the prior record set on March 27 by 20,000 BTC. This marks the second time LTH net position has notched a new high since BTC entered its current bear market. More BTC holders are stepping away from short-term speculation and trading: LTHs now hold 75% of the total circulating BTC supply. Historically, bear market bottoms typically form after LTH net position starts rising—meaning "position accumulation" precedes the "bottoming out" phase. In the last market cycle, LTH net position hit three new highs, each followed by a sharp distribution phase tied to key catalysts: Federal Reserve interest rate hike expectations, the Luna stablecoin collapse, and the FTX exchange implosion. This cycle is currently seeing its second new LTH net position high. The critical factor isn’t the number of new high

June 19: SpaceX has secured investment-grade credit ratings from Moody’s, Fitch, and S&P Global—each issuing a "stable" outlook for the company. This consensus signals widespread market confidence in SpaceX’s financial stability, as the firm pursues an ambitious, capital-intensive artificial intelligence initiative in a highly competitive market.

June 19 — Insiders revealed to The Information that prediction market platform Kalshi has topped $2 billion in annual revenue and held preliminary, informal talks about an IPO with multiple investment banks.

On June 19, monitoring data from Onchain Lens shows a crypto whale deposited 308,100 SOL onto Kraken and Bybit (valued at $21.22 million), with an anticipated loss of $16.06 million. The whale originally withdrew this batch of SOL from Binance for a total of $37.28 million.

On June 19, Bloomberg ETF analyst James Seyffart reports that Morgan Stanley has just filed amended documents for an Ethereum ETF and a Solana ETF.

June 19: Data from GMGN shows the Meme token ASTEROID has surged over 91% in the last 24 hours on the Ethereum blockchain. At press time, ASTEROID holds a $72.78 million market cap with a 24-hour trading volume of $24.40 million. This upward move ties to a recent SpaceX update: the aerospace company has launched pre-orders for its Asteroid plush toy, priced at $35. The ASTEROID Meme coin originates from the story of 15-year-old Liv Perrotto. Before her passing, Liv’s greatest wish was to meet Elon Musk; she had helped design a Shiba Inu-shaped plush toy named "Asteroid". After Liv’s death, her mother publicly appealed to Musk, and media personality Glenn Beck amplified the request on his show. On April 19, Musk agreed to make Asteroid SpaceX’s official mascot.